Solana

Solana has been trading in a $70 to $90 band for more than four weeks, with buyers defending support near $70 and sellers capping price around $90. Analysts suggest that a daily close above the $90–$93 resistance area could open the way toward $105–$120, while a loss of support around $80 risks a return to the range lows. On a longer horizon, some chartists point to an ascending channel with major resistance near $240 and ambitious cycle projections toward the mid-upper channel region if broader market liquidity and adoption remain strong.

Bitcoin is consolidating near $67,000 while spot Bitcoin ETFs led by BlackRock's IBIT register $263.2 million in inflows, with additional contributions from Fidelity, Bitwise and Ark. Major altcoins including Ethereum, BNB and Solana also post weekly gains as total crypto market capitalization hovers around $2.3 trillion and sentiment remains in the Fear zone.

U.S. spot bitcoin exchange-traded funds recorded about $458 million in net inflows on Monday, with BlackRock's IBIT alone attracting more than half of that total. Analysts said large investors are treating the latest pullback and ongoing geopolitical instability as an attractive entry point and increasingly see bitcoin as a maturing diversifier asset, while related Ethereum and Solana products also drew fresh capital.

Solana has retreated from the $90 area and is now trading below $88 but still above $85 and the 100-hour simple moving average. The SOL/USD pair is supported by a bullish trend line near $85, while key resistance levels are seen at $88, $90, and $92. A break above $92 could open the way toward $96 and possibly $100, whereas failure to clear $90 may trigger declines toward $84, $82, or even $76.50.

Solana has spent several weeks trading in a tightening consolidation range, with analysts highlighting a developing triangle pattern that could precede a strong move. A push above the $88.60 Sunday high is being viewed as an early signal of renewed bullish momentum, while a reclaim of $85 depends on the BTC pair holding above both its range and the 4H 200 SMA. If those conditions fail, traders expect SOL to continue rotating inside the broader $77–$90 band.

The global cryptocurrency market gained more than 5% within 24 hours, lifting total capitalization to $2.36 trillion as major assets advanced. Bitcoin traded above $69,000, while Ethereum, Solana, BNB, and XRP also logged notable daily and weekly increases. Hourly data showed some cooling in parts of the market, but overall momentum across large caps remained positive.

On March 1, 2026, a fire triggered by external impacts at an Amazon Web Services data center in the Middle East led to a full power shutdown in ME-CENTRAL-1 and ME-SOUTH-1, disrupting services such as Claude, ChatGPT and AWS Bedrock. AWS reports that restoration will take many hours as teams await fire department clearance and assess potential storage damage, while investors react to regional military tensions with higher oil and gold prices and renewed gains in major cryptocurrencies including Bitcoin, Ethereum and Solana.

Bitcoin is trading around $65,800 with a roughly 2% daily decline, while its market capitalization stands at about $1.3 trillion and trading volume has dropped close to 10% to around $40 billion. Major altcoins such as Ethereum, Solana, XRP, Cardano and Dogecoin are posting steeper losses of over 3–4%, and the Altcoin Season Index remains at 35, indicating that market conditions continue to favor Bitcoin over higher‑risk tokens.

In the past 24 hours, Bitcoin slipped 1.18% to roughly $66,538, according to the article, amid a broader risk-off tone tied to Middle East tensions and liquidations. Macroeconomist Henrik Zeberg's March 2026 outlook projects a primary rally to $110–120K, with a 25% alternate path to $140,000–$150,000 driven by risk-on flows, spot ETF demand, and institutional participation.

On March 1, macro economist Henrik Zeberg said on X that Bitcoin could top out at $110,000–$120,000 in March 2026, citing risk-on sentiment, ETF inflows, and institutional demand. He also gave a 25% chance of an overshoot to $140,000–$150,000, and projected ETH at $10,000–$12,000 and SOL at $350–$500.